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Bank of Chongqing Co., Ltd. Restructures Governance with Dissolution of Board of Supervisors

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Bank of Chongqing Co., Ltd. Restructures Governance with Dissolution of Board of Supervisors

Confident Investing Starts Here:

The latest announcement is out from Bank of Chongqing Co., Ltd. Class H ( (HK:1963) ).

Bank of Chongqing Co., Ltd. announced the dissolution of its Board of Supervisors, aligning with regulatory changes and corporate governance reforms. The responsibilities of the Board of Supervisors will be transferred to the Audit Committee of the Board, with amendments to the Articles of Association pending approval. This move is part of a broader effort to streamline governance structures in state-owned enterprises.

More about Bank of Chongqing Co., Ltd. Class H

Bank of Chongqing Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the financial sector. It holds a financial license approved by the regulatory authority of the banking industry in China and provides financial services, although it is not authorized to operate as a banking institution in Hong Kong.

Average Trading Volume: 3,579,317

Technical Sentiment Signal: Buy

Current Market Cap: HK$36.41B

For detailed information about 1963 stock, go to TipRanks’ Stock Analysis page.

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